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| Hyperion Entertainment: capital increase|
According to an update published in Belgium's official company publication, Hyperion issued a significant number of new shares. As detailed in a notary's statement dated June 20th, 2019, when approving the annual financial statement dated December 30th, 2018 and exonerating the directors afterwards, the shareholders decided to go for a capital increase in return for stock.
This capital increase consists of 398.970 Euro, of which 397.110 Euro are from Ben Hermans and 1.860 Euro from Timothy De Groote. In return, the two investors are granted 2135 (Hermans) and 10 (De Groote) newly issued Hyperion shares, which reduces the percental ownership of the other shareholders accordingly: Hyperion's capital stock was raised from 18.600 Euro to 417.570 Euro - previously all shareholders combined, including Ben Hermans and Timothy De Groote, owned 100 shares, now there are 2245 shares of which Ben Hermans owns at least 2135. (snx) (Translation: cg)
[News message: 07. Jul. 2019, 19:22] [Comments: 1 - 08. Jul. 2019, 04:32]
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